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David J. Coviello and Edward J. O’Sheehan Quoted in Boca Life Magazine

November 21, 2018 11:11 AM

Miami Partner David J. Coviello and Fort Lauderdale Partner Edward J. O’Sheehan were recently quoted in Boca Life Magazine about the challenges created by and potential solutions to the lack of sufficient affordable and workforce housing in Palm Beach County and throughout South Florida.

A “perfect storm” of rising land costs, construction costs and interest rates is impacting not only the poor and unemployed of South Florida, but also those in service industry professions such as teaching, law enforcement, and banking. Some of the solutions discussed include housing projects constructed from shipping containers and the need to set aside land for affordable housing in lieu of chasing larger and larger profits from every land deal.